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BPCL jumped 5% to Rs 621.8 in Friday's trade on BSE despite the firm posted a 35% drop in its standalone net profit at Rs 4,224 crore in the quarter ended March 2024, compared with Rs 6,478 crore in the last-year period. Meanwhile, its revenue from operations during the March quarter fell marginally to Rs 1.32 lakh crore as against Rs 1.33 lakh crore posted in the same quarter of the previous fiscal.

Gold price, which is trading at Rs 71,502 for 10 grams of gold with 999 purity, has witnessed a remarkable rise in the last one year; it has grown by around 18% from Rs 60,616 on previous Akshaya Tritiya (which was on April 22, 2023), according to the India Bullion and Jewellers Association. If we take a 5-year period, then gold has risen 2.25 times since the Akshay Tritiya day of May 7, 2019, when the price was Rs 31,729. This year, Akshaya Tritiya falls on May 10. However, gold price recently fell to Rs 71,502, after crossing the Rs 73,000 mark. It has raised concerns among investors whether the price would fall further. So, is this Akshaya Tritiya the right time to invest in gold?

Akshaya Tritiya, which is on May 10, has always seen fervent gold purchases stemming from the belief that investments made on this day would never diminish, thus bringing everlasting prosperity. Over the past three to four months, gold prices have shown significant volatility, experiencing roller coaster-like movements.

₹621.95 and ₹514.40 apiece. This uptick followed both companies reporting in-line performance for the March quarter and for the full fiscal year FY24. Compared to the performance in the March quarter, both companies have exhibited improved performance for the full fiscal year FY24.

Donald Trump's defense attorney on Thursday accused Stormy Daniels of slowly altering the details of an alleged 2006 sexual encounter with Trump, trying to persuade jurors that a key prosecution witness in the former president's hush money trial cannot be believed. «You made all this up, right?» attorney Susan Necheles asked.

The most prevalent banking trojan was Bian.h, accounting for 22% of all Android attacks. Geographically, Afghanistan, Turkmenistan, and Tajikistan recorded the highest share of users encountering banking trojans, with Turkey leading mobile banking malware attacks."With the emergence of new and aggressive malware strains, attackers are evolving their tactics to target mobile devices more aggressively.

Mint in the week gone by. The revenue contributed by an average employee at top software services companies has been consistently falling ever since the covid-19 pandemic ended, with increased hiring and plateauing revenue. And the popularity of Indian gherkins is growing globally owing to its many health benefits.

₹6.49 lakh ex-showroom. It launched the new Swift with six airbags as a standard offering across all its variants, marking a change in the carmaker's stance, and after fighting back regulation that could potentially make six airbags standard equipment in cars. The Swift also debuts a new Z-series 1.2 liter engine, the most fuel-efficient in its segment, with a claimed fuel efficiency of up to 25.75 kmpl.

Donald Trump's defense attorney on Thursday accused Stormy Daniels of slowly altering the details of an alleged 2006 sexual encounter with Trump, trying to persuade jurors that a key prosecution witness in the former president's hush money trial cannot be believed. «The details of your story keep changing, right?» attorney Susan Necheles asked at one point.

Indian smartphone market registered 8-10% year-on-year growth in shipment volumes in the first quarter of 2024 and is set to grow in high single-digits this calendar year, driven by premiumisation trend and 5G adoption, market trackers Counterpoint Research and Cybermedia Research said. As per Counterpoint, volume shipments grew 8% in the quarter ended March while revenue jumped 18%. However, sales were less than expected due to a drop in retail footfalls and a section of consumers cutting down on discretionary spending even as better inventory levels allowed brands to fill channels with multiple new launches, it said. Cybermedia Research (CMR) said the market recorded 10% year-on-year growth in Q1 2024, with 5G shipments surging 70%, driven by budget 5G handsets (₹10,000-15,000 price band) that grew 400% on year.

The Supreme Court has sided with a music producer in a copyright case, allowing him to seek more than a decade's worth of damages over a sample used in a Flo Rida song

A newly released ad promoting Apple’s new iPad Pro has struck quite a nerve online

U.S. stocks rose to pull the S&P 500 back within 1% of its record following a rough April

U.S. stocks rose to pull the S&P 500 back within 1% of its record following a rough April

Finance minister Nirmala Sitharaman on Thursday said eastern India has potential to emerge as the country's growth engine with a decisive push to industrialisation, adding that a mineral-rich state like Jharkhand must get rid of rampant corruption to draw businesses. Pitching for a change in governance, the minister said Jharkhand has been reeling under rampant corruption, migration and lawlessness. The state is ruled by a coalition government led by the Jharkhand Mukti Morcha and the BJP is the main opposition party. Sitharaman was speaking at an event on «Eastern India: Engine of Growth For Vikshit Bharat» in Ranchi. The minister reiterated that India would become the world's third-largest economy «in the coming year or so» from the fifth-largest, as announced by PM Narendra Modi.

₹6,994.86 crore worth of shares. The correction may not be over yet, either: huge bearish bets on the Nifty and Bank Nifty futures contracts signal that the decline may extend till the end of the month. The nervousness on the Street was reflected by fear gauge India Vix closing at a 20-month high of 18.2.

Indian Overseas Bank (IOB) on Thursday said the company reported a 24% increase in net profit to ₹808 crore—the highest-ever quarterly profit—for the quarter ended March 31, against ₹650 crore in the same quarter last year. For the year ending March 31, 2024, the consolidated net profit grew to ₹2,665.66 crore from ₹2,103.99 crore a year ago. The operating profit rose to ₹1,961 crore from ₹1,882 crore year-over-year.

MSBSHSE norms, students are required to score at least 35% marks in theory and practicals to be declared pass in the board exams. The MSBSHSE conducted the Board exams of Class 12th from February 21 to March 19, while Class 10th exams were held from March 1 to 26, 2024 across the state.

MUMBAI : State Bank of India (SBI) on Thursday expressed confidence in growing its credit book by 14-16% in the current fiscal year, reflecting the general optimism around domestic growth, after delivering stellar results for the March quarter and FY24. “Once again, we have delivered excellent numbers," chairman Dinesh Khara told media persons after announcing the bank’s financial results on Thursday. “Our net profit for the fiscal year FY24 is the highest ever." However, India’s largest lender’s projected deposit growth of 12-13% for FY25 would continue to lag its expected growth in credit, a phenomenon plaguing the entire banking industry.

NEW DELHI : State-run lender Punjab National Bank plans to seek clarification from the central bank on whether its draft guidelines proposing higher provisioning for infrastructure financing would be applicable for small loans as well. “There is no need to panic," said PNB managing director and chief executive Atul Kumar Goel while presenting the bank’s results for the March quarter and the 2023-24 financial year.

ALSO READ: Sanjiv Goenka seen ‘publicly scolding’ KL Rahul; netizens fume, ‘can’t humiliate a senior Indian player like this’ "This team has shown resilience over the last two years, and we'll show it again. Thank you for sticking with us, LSG Brigade (sic)," it added. Batting first, LSG set a target of 166 runs in 20 overs for SRH.